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Type: Medium Private VC

Posted by
tcornwell
on 2007-11-02

PUBLIC:

I met with Masthead on a number of occasions--and while we did not ultimately end up receiving a term sheet it was a wholly useful and positive experience. Rich Levandov was first rate. In the most comfortable and forthcoming way, he allowed us to tell our story. We had the chance to share updates. And I felt that at the end, they understood our vision and why we were so bullish about the project. Although the deal did not come through, even here we were given insight into why--and that is a true rarity.

I pitched them about a little while back. They have a strong team, though they did appear somewhat indecisive. I would definitely recommend pitching them if you are on the East Coast, as the meetings were useful and they did good diligence, asking the right questions. Ultimately, they took a 'maybe' position, which we took as a pass.